Facebook Adds 83.8 Million Shares To IPO

Via CNN: Facebook has increased the size of its IPO and is now looking to raise $16 billion in total (at the higher end of its bracket of $34 to $38 per share). In its recent amendment, Facebook added 83.8 million shares to its S-1 filing, from share sales by early investors, in addition to the extra 50.6 million it added yesterday, taking its total past 421 million shares.